Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Shareholders to Receive $0.09 Monthly Dividend

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) announced a monthly dividend on Monday, September 28th. Shareholders of record on Tuesday, September 29th will be paid a dividend of $0.0851 per share on Wednesday, September 30th. This represents a $1.02 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Tuesday, September 29th. This is a 1.6% decrease from Thornburg Multi Sector Bond ETF’s previous monthly dividend of $0.0865.

Thornburg Multi Sector Bond ETF Stock Performance

Shares of TMB stock traded down $0.10 during trading hours on Tuesday, reaching $24.59. The company had a trading volume of 53,896 shares, compared to its average volume of 69,650. Thornburg Multi Sector Bond ETF has a 1-year low of $24.54 and a 1-year high of $26.52. The company has a 50 day moving average of $25.14 and a 200 day moving average of $25.35.

Hedge Funds Weigh In On Thornburg Multi Sector Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Insight Wealth Partners LLC acquired a new position in shares of Thornburg Multi Sector Bond ETF during the 2nd quarter worth about $778,000. Clay Northam Wealth Management LLC raised its position in shares of Thornburg Multi Sector Bond ETF by 6.5% in the 2nd quarter. Clay Northam Wealth Management LLC now owns 67,400 shares of the company’s stock valued at $1,709,000 after acquiring an additional 4,100 shares during the period. Empire Financial Management Company LLC boosted its stake in Thornburg Multi Sector Bond ETF by 1.4% during the 1st quarter. Empire Financial Management Company LLC now owns 56,218 shares of the company’s stock worth $1,434,000 after acquiring an additional 797 shares during the last quarter. Spartan Wealth Advisory Services LLC bought a new position in Thornburg Multi Sector Bond ETF during the 1st quarter worth approximately $9,601,000. Finally, Flynn Zito Capital Management LLC acquired a new position in Thornburg Multi Sector Bond ETF during the first quarter valued at approximately $4,243,000.

Thornburg Multi Sector Bond ETF Company Profile

The Thornburg Multi Sector Bond ETF (TMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns b through investments in the broad fixed-income market. Securities may be of any credit quality and maturity from around the globe TMB was launched on Feb 5, 2025 and is issued by Thornburg.